Home / Knowledge / News / Textiles / PTA & MEG prices increase in Asian markets
PTA & MEG prices increase in Asian markets
01
Feb '13
Paraxylene (PX) prices went down in Asian markets. In S E Asian region, PX prices declined and were assessed in the range of US$ 1705/ton to US$ 1710/ton. In F E Asian market, PX prices were offered at US$ 1685/ton. Prices of PX imported from Taiwanese market went down and were quoted in the range of US$ 1715/ton to US$ 1720/ton.
 
PTA prices increased in the Asian region. In S E Asian market, PTA prices went up and were offered in the range of US$ 1180/ton to US$ 1185/ton. In F E Asian market, PTA prices were quoted at US$ 1195/ton. Prices of PTA imported from Taiwanese market declined and were assessed in the range of US$ 1185/ton to US$ 1190/ton. In the Chinese domestic market, PTA prices maintained a stable trend and were quoted in the range of RMB 8800/ton to RMB 8850/ton.
 
Ethylene prices stayed steady in Asian markets. In S E Asian market, Ethylene prices remained unchanged and were quoted in the range of US$ 1395/ton to US$ 1400/ton. In F E Asian region, Ethylene prices remained unchanged at US$ 1350/ton. In the US market, Ethylene prices remained unchanged and were offered in the range of 65.50 cents/pound to 66.50 cents/pound. Ethylene prices were steady in the European international and domestic markets at US$ 1540/ton and € 1150/ton, respectively.
 
MEG prices surged in Asia. In S E Asian region, MEG prices increased and were assessed at US$ 1180/ton. In China market, MEG prices went up and were quoted in the range of US$ 1175/ton to US$ 1180/ton. In the Chinese domestic market, MEG prices increased and were offered in the range of RMB 8775/ton to RMB 8800/ton.
 
In S E Asian region, BG PET Chips prices were stable in the range of US$ 1550/ton to US$ 1600/ton and some deals were discussed in the range of US$ 1540/ton to US$ 1580/ton. In F E Asian market, selling offers were between US$ 1520/ton to US$ 1560/ton. In the Chinese market, BG PET Chips prices were steady at RMB 11400/ton.
 
In Korean market, FG PET Chips prices remained unchanged in the range of US$ 1430/ton to US$ 1450/ton. In Indian market, FOB based prices were quoted in the range of US$ 1440/ton to US$ 1480/ton. In the Chinese market, FG PET Chips prices were steady in the range of RMB 10875/ton to RMB 10925/ton.
 
PSF prices maintained a steady trend in Asian markets. In F E Asian market, PSF prices were assessed at US$ 1670/ton. In S E Asian market, PSF selling prices were quoted at US$ 1570/ton. In the Chinese domestic market, PSF prices were unchanged and were quoted in the range of RMB 11575/ton to RMB 11625/ton.
 
In the Chinese domestic market, Polyester POY, DTY and FDY prices were stable at RMB 11550/ton, RMB 12900/ton and RMB 12000/ton, respectively. In export market, offers for POY, DTY and FDY kept unchanged and were quoted at US$ 1585/ton, US$ 1755/ton and US$1630/ton, respectively.
 
Click here to view and compare daily price trends.
 

Fibre2fashion News Desk - India

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